GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cemas Dokum Sanayi AS (IST:CEMAS) » Definitions » Cyclically Adjusted Price-to-FCF

Cemas Dokumnayi AS (IST:CEMAS) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Cemas Dokumnayi AS Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cemas Dokumnayi AS Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cemas Dokumnayi AS's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cemas Dokumnayi AS Cyclically Adjusted Price-to-FCF Chart

Cemas Dokumnayi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cemas Dokumnayi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Cemas Dokumnayi AS's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, Cemas Dokumnayi AS's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cemas Dokumnayi AS's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cemas Dokumnayi AS's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Cemas Dokumnayi AS's Cyclically Adjusted Price-to-FCF falls into.



Cemas Dokumnayi AS Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Cemas Dokumnayi AS's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Cemas Dokumnayi AS's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.019/129.8595*129.8595
=-0.019

Current CPI (Sep. 2023) = 129.8595.

Cemas Dokumnayi AS Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.003 98.326 0.004
201403 -0.002 99.695 -0.003
201406 0.008 100.560 0.010
201409 -0.008 100.428 -0.010
201412 -0.004 99.070 -0.005
201503 -0.027 99.621 -0.035
201506 -0.049 100.684 -0.063
201509 0.171 100.392 0.221
201512 0.043 99.792 0.056
201603 -0.066 100.470 -0.085
201606 -0.010 101.688 -0.013
201609 0.005 101.861 0.006
201612 -0.008 101.863 -0.010
201703 -0.072 102.862 -0.091
201706 0.015 103.349 0.019
201709 -0.012 104.136 -0.015
201712 0.122 104.011 0.152
201803 -0.020 105.290 -0.025
201806 -0.029 106.317 -0.035
201809 -0.146 106.507 -0.178
201812 -0.069 105.998 -0.085
201903 -0.015 107.251 -0.018
201906 0.073 108.070 0.088
201909 0.012 108.329 0.014
201912 -0.054 108.420 -0.065
202003 -0.026 108.902 -0.031
202006 -0.015 108.767 -0.018
202009 0.005 109.815 0.006
202012 -0.046 109.897 -0.054
202103 0.012 111.754 0.014
202106 -0.047 114.631 -0.053
202109 -0.035 115.734 -0.039
202112 0.133 117.630 0.147
202203 -0.021 121.301 -0.022
202206 -0.043 125.017 -0.045
202209 -0.004 125.227 -0.004
202212 -0.021 125.222 -0.022
202303 -0.085 127.348 -0.087
202306 0.065 128.729 0.066
202309 -0.019 129.860 -0.019

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Cemas Dokumnayi AS  (IST:CEMAS) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Cemas Dokumnayi AS Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Cemas Dokumnayi AS's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Cemas Dokumnayi AS (IST:CEMAS) Business Description

Traded in Other Exchanges
N/A
Address
Ankara Asfalti 12. Km, Kirsehir, TUR, 40100
Cemas Dokum Sanayi AS is a Turkey-based company engages in the production of grey cast iron, nodular cast iron, and high chromium steel casting.

Cemas Dokumnayi AS (IST:CEMAS) Headlines

No Headlines